NOT LISTED FOR SALE

7015 40th Place Berwyn, IL 60402

Estimated Value: $268,000 - $293,866

3 Beds
1.5 Baths
1,032 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $224,000 $217 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,000/month

56 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Living Room
  • Ceiling Fan

About This Home

As of March 2022

Amazing opportunity to own this brick ranch home featuring 3 bedrooms and 1.1 bathrooms. House needs some work but has good bones. Near to shopping, transportation, restaurants, highways, etc.

Last Agent to Sell the Property

Lorena Ramirez-Carrillo

YUB Realty Inc License #471019565 Listed on: 12/06/2021

Last Buyer's Agent

Josue Duarte

Duarte Realty Company License #471020983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1960

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 30x123
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,032 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,667

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1032
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Kitchen Type: Eating Area-Table Space
  • Primary Bedroom Bath: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 229000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 103

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0847
  • Lot Dimensions: 30X123
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5667.25
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Mar 18, 2022
Sold by
Enriquez Ismael
Bought by
Gomez Alexander Enrique Rojas and Rojas Yaneth
Seller's Agent
Lorena Ramirez-Carrillo
YUB Realty Inc
Buyer's Agent
Josue Duarte
Duarte Realty Company
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%
Current Estimated Value
$280,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,658
Avg. Annual Appreciation
7.01%
Original Mortgage
$5,000
Outstanding Balance
$4,721
Interest Rate
3.92%
Estimated Equity
$277,348

Purchase Details

Listed on
Dec 6, 2021
Closed on
Mar 15, 2022
Sold by
Enriquez Ismael
Bought by
Gomez Alexander Enrique Rojas and Rojas Yaneth
Seller's Agent
Lorena Ramirez-Carrillo
YUB Realty Inc
Buyer's Agent
Josue Duarte
Duarte Realty Company
List Price
$229,000
Sold Price
$224,000
Premium/Discount to List
-$5,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Outstanding Balance
$4,721
Interest Rate
3.92%
Estimated Equity
$277,348

Purchase Details

Closed on
Jan 16, 2016
Sold by
Castaneda Julissa and Enriquez Ismael
Bought by
Enriquez Ismael

Purchase Details

Closed on
Nov 25, 2009
Sold by
Marrera Ralph and Marrera Raquel
Bought by
Enriquez Ismael and Casteneda Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,429
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2004
Sold by
Marrera Ralph
Bought by
Marrera Ralph and Marrera Raquel
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gomez Alexander Enrique Rojas $224,000 --
Gomez Alexander Enrique Rojas $224,000 --
Enriquez Ismael -- Attorney
Enriquez Ismael $169,500 Cti
Marrera Ralph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Alexander Enrique Rojas $5,000
Open Gomez Alexander Enrique Rojas $217,280
Previous Owner Enriquez Ismael $166,429
Previous Owner Marrera Ralph $105,000
Previous Owner Marrera Ralph $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $224,000 -2.2% $217 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/06/2021 12/06/21 For Sale $229,000 -- $222 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,563 $20,000 $3,321 $16,679
2023 $5,830 $20,000 $3,321 $16,679
2022 $5,830 $18,112 $2,860 $15,252
2021 $5,679 $18,110 $2,859 $15,251
2020 $5,667 $18,110 $2,859 $15,251
2019 $5,122 $15,390 $2,583 $12,807
2018 $4,997 $15,390 $2,583 $12,807
2017 $4,881 $15,390 $2,583 $12,807
2016 $4,581 $12,936 $2,121 $10,815
2015 $4,382 $12,936 $2,121 $10,815
2014 $4,281 $12,936 $2,121 $10,815
2013 $5,184 $16,209 $2,121 $14,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11281997

Midwest Real Estate Data (MRED)

APN: 19-06-107-014-0000